News Releases

- Calgary holds title of strongest major housing market while Toronto defies predictions of crash and Vancouver market springs back to life

- Affordability and job growth support Montreal housing market

- BMO Housing Market Scorecard suggests markets favour "buyers'" in Montreal, "sellers'" in Calgary and are generally "balanced" in Toronto and Vancouver

BMO Economics Report 'A Tale of Four Cities' examines the state of Canada's four largest housing markets

BMO Economics Report "Tale of Four Cities" examines the state of Canada's four largest housing markets

- Calgary housing prices sit at an affordable four-times median family income

- Immigrants and young Canadians flocking to the city, drawn by better job prospects and rising wages

- BMO Housing Market Scorecard indicates a "sellers" market for Calgary

BMO Economics Report "Tale of Four Cities" examines the state of Canada's four largest housing markets

- Benchmark prices currently sit at more than six-times the median family income -- pricey for many potential buyers

- Condo prices weaken modestly amidst record supply levels

- BMO Housing Market Scorecard indicates a "balanced" Toronto market

BMO Economics Report "Tale of Four Cities" examines the state of Canada's four largest housing markets

- Vancouver home sales vaulted 50 per cent from earlier lows to near normal levels

- Housing prices sitting at eight times the median income - the highest among the four largest cities

- Vancouver swings from "buyers" market to "balanced" according to BMO Housing Market Scorecard

The strategy's focus will be to identify high growth franchises in order to generate returns through a balance of growth and income and will be led by Christopher Darling

New funds offer maturity guarantee on principal with automatic monthly resets to lock in gains, balanced ETF investment options and death benefit guarantee

- Canadians plan to spend $689 on holiday travel

- Domestic holiday travel remains most popular

- Intent among Canadians to shop on Cyber Monday increases 11 per cent from 2012

- Digital wallets growing in popularity as 50 per cent of Canadians plan to shop online this holiday season

- Fifty-five per cent of Canadian seniors give themselves an "A" or "B" compared to 45 per cent of Canadians overall

- However, with how capital gains and dividends are taxed, almost 80 per cent of Canadians aged 45+ either have it wrong or do not know

- More than 40 per cent of Boomers do not comprehend the tax implications of making a withdrawal from a RRIF

Writing a story on retirement or investing? Need some background, a quote or a different perspective?

Call the BMO RRSP Media Hotline at 1-866-298-8385 or e-mail Veronica Bart at veronica.bart@bmo.com

- Intent among Canadians to shop on Cyber Monday increases 11 per cent from 2012

- Digital wallets growing in popularity as 50 per cent of Canadians plan to shop online this holiday season